REG - Actual Experience - Grant of Options

Actual ExperienceAnnouncement

28/07/2023 14:15

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RNS Number : 5929H  Actual Experience PLC  28 July 2023

28 July 2023

Actual Experience plc
(the "Company" or "Actual Experience")

Grant of Options

 

Actual Experience plc (AIM: ACT), the analytics-as-a-service company,
announces that on 27 July 2023 it granted options ("Options") over 14,496,920
ordinary shares of 0.2 pence each in the capital of the Company ("Ordinary
Shares") to certain employees and Directors of the Company. The Options have
been granted under the Actual Experience Plc Value Creation Plan, which
entitles the Option holders, as a group, to share a total of 6.8% of the
growth in value of the Company above a hurdle share price of 5.00 pence share
(up to a maximum share price of 148.65 pence per share).

The Options have an exercise price of 1.23 pence, being the Company's closing
share price on the day prior to grant, and vest in two equal tranches on 27
July 2026 and 27 July 2027, subject to the Company's share price at these
dates exceeding 5.00 pence. The Options, once vested, can be exercisable
anytime up until the 10th anniversary of the date of grant.

Two Directors of the Company have been granted options over a total of
8,101,220 Ordinary Shares as follows:

 Director        Title  Number of Options granted  Total number of Options held following grant
 Iain McCready   CEO    5,969,320                  5,969,320
 Steve Bennetts  CFO    2,131,900                  3,159,150

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.

For further information visit www.actual-experience.com
(http://www.actual-experience.com)   follow on twitter @ActualExp, or
contact:

 

 Actual Experience plc                 Tel: +44 (0)207 129 1474

 Iain McCready, CEO

 Steve Bennetts, CFO

 Singer Capital Markets Advisory LLP   Tel: +44 (0)207 496 3000

 Shaun Dobson

 James Fischer

 Turner Pope Investments (TPI) Ltd     Tel: + 44 (0)203 657 0050

 James Pope

 Andy Thacker

 

 Flagstaff Strategic and Investor Communications  Tel: +44 (0)207 129 1474

 Tim Thompson                                     actual@flagstaffcomms.com

 Mark Edwards

 Andrea Seymour

 Anna Probert

 

About Actual Experience

Actual Experience's goal is to make the digital world work for everyone,
everywhere, all of the time. As the working world evolves post-pandemic, the
global shift to a flexible hybrid model has brought with it a significant
challenge; how do businesses create an environment that gives their people
what they need to thrive, whilst protecting the commercial efficiency of the
business and driving growth at the same time?

For further information please visit www.actual-experience.com
(http://www.actual-experience.com/)

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Iain McCready
 2    Reason for the notification
 a)   Position/status                                              CEO
 b)   Initial notification /Amendment                              Initial
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Actual Experience plc
 b)   LEI                                                          213800UI9OUTXKWLMK28
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 0.2 pence each

      Identification code

                                                                   GB00BJ05QC14
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)                                       Price                        Volume

      £0.0123                                                                                   5,969,320 shares
 d)   Aggregated information

                                                                   N/A - Single Transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      27 July 2023
 f)   Place of the transaction                                     Off Market Transaction

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Steve Bennetts
 2    Reason for the notification
 a)   Position/status                                              CFO
 b)   Initial notification /Amendment                              Initial
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Actual Experience plc
 b)   LEI                                                          213800UI9OUTXKWLMK28
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 0.2 pence each

      Identification code

                                                                   GB00BJ05QC14
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)                                       Price                        Volume

      £0.0123                                                                                   2,131,900 shares
 d)   Aggregated information

                                                                   N/A - Single Transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      27 July 2023
 f)   Place of the transaction                                     Off Market Transaction

 

 

 

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